Forex Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
Swedish Krona/Swiss Franc (FOREX:SEKCHF)
Strong Downtrend (-100) - SEKCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SEKCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKCHF
The long-term trend has been DOWN since Feb 3rd, 2020 at 9.9885
The intermediate-term trend has been DOWN since Dec 31st, 2019 at 10.3300
The short-term trend has been DOWN since Feb 14th, 2020 at 10.1000
Smart Scan Analysis for SEKCHF
Based on our trend formula, SEKCHF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).